By: Saurabh Kumar | February 19, 2017

startup legal  


What you need to know for Starting up?


So that now you have decided to commercialize on the business plan you had for some time. You would probably want to find out what type of competitors you are up to. You would have decided the platform, the target market, and finally feel that there is just enough to spin the wheel, and as Reid Hoffman had said, “Jump the cliff and build the plane on your way down.

 

Stage 1

Incorporation- The first dilemma fuelled by loads of internet articles on what should be your business like, a Private Limited Company? a LLP? or just a sole proprietor/ OPC?

 

Among other stuffs like tax, compliance, one of the most important factor contributing the choice of entity is what is your long term object...

By: Saurabh Kumar | February 18, 2017


 

One of our potential client wants to start his own company in India and below is the transcript of the startup legal aspects involved to form his own company and application of various start-ups laws.

 

1) Is it possible to run a company(Profit and Nonprofit) from US ?

Yes

 

2) What are the legal restrictions and/or documents required ?

ID/ Voter ID/ Passport/ Bank Statement etc.

 

3) How many co-founders are required primarily to form a profit and non-profit company ? Is it different for a product based or service based company ?

In any case minimum 2

 

4) Having a local office space compulsory or can be done remotely(Virtual assistance/work) ? You will need an local address for registered address, it can be your home...

Category: Legal 

Tags: legal advice, start up